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my house situation, advice sought - Page 2

post #16 of 19
First, and most importantly, I would post your message on a different forum.
SF is generally filled with broke poser $30k millionaires who don't know a stock from a bond.

3 boys. Are they smart, average, or dumb?
Which do you value more, a nice house or sending kids to state schools (for example)
In light of that, what's the college fund looking like?

What's the impact on your commute?

How stable is your income and career?
Do you expect income to rise or fall over the next 5 years?

What's the difference in the cost of the 2 houses?
Obviously, there's a big difference in property tax. Post the numbers, so people understand NY. Don't overlook this.
eg: 30% of gross is a guideline, but many people think it's still too high.

Are you currently in some ARM mortgage that resets in 2012?

Exactly in what ways is the current house too small?
How many BR's does the current house have?
post #17 of 19
Thread Starter 
Quote:
Originally Posted by Reevolving View Post

First, and most importantly, I would post your message on a different forum.
SF is generally filled with broke poser $30k millionaires who don't know a stock from a bond.

3 boys. Are they smart, average, or dumb? 2 in gifted program, one still above average
Which do you value more, a nice house or sending kids to state schools (for example)
In light of that, what's the college fund looking like? enough for a year of school for each

What's the impact on your commute? minimal

How stable is your income and career?
Do you expect income to rise or fall over the next 5 years? rise

What's the difference in the cost of the 2 houses? 2k a month, but 340k overall
Obviously, there's a big difference in property tax. Post the numbers, so people understand NY. Don't overlook this.
eg: 30% of gross is a guideline, but many people think it's still too high. property tax diff is only 2k

Are you currently in some ARM mortgage that resets in 2012? no, have a fixed

Exactly in what ways is the current house too small? living space, no formal dr, 1 bathroom
How many BR's does the current house have?3
post #18 of 19
1 bathroom with 3 children is crazy.gif
post #19 of 19
Quote:
Originally Posted by thekunk07 View Post

i suppose it depends on what one defines as manageable. 1400 sq ft for 5 people and a dog
I thought you were going to say something like 2500 sq ft.
1400, 1 bath.. vs better school, bigger house, yard, pool. Sounds like a good move.
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